About the dollar equivalent

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Reference no: EM131325143

The U.S. dollar equivalent is 0.4502 for the Brazilian real and 1.4729 for the U.K. pound. Which one of the following statements is correct given this information? One U.S. dollar will buy 0.4502 Brazilian reals. If you have 0.4502 Brazilian reals, they are worth 1.4729 U.K. pounds. One U.K. pound will buy 1.4729 U.S. dollars. One Brazilian real will buy 1.4729 U.K. pounds. One U.S. dollar will buy 1.4729 U.K. pounds.

Reference no: EM131325143

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